Investment / Portfolio Management Analyst

Man Group

About Man Group Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent. Headquartered in London, we manage $228.7 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com At Man Group, we respect your privacy and we are committed to protecting and safeguarding your Personal Data. We have developed policies and processes which are designed to provide for the security and integrity of your Personal Data. We are committed to Processing your Personal Data fairly and lawfully, and being open and transparent about such Processing. For further information on how we process your data, please see the privacy notice for applicants here * As at 31 March 2026   Purpose of the Role Man Group's US Residential Debt team is seeking an experienced Analyst to support our multifamily focused direct lending strategy. This role will report directly to the Vice President, supporting the origination, underwriting, structuring, and asset management of structured credit transactions across the capital structure and risk spectrum. The team focuses on transitional and construction loans across residential property types, including, but not limited to, multifamily, condominium, single-family rental, build-to-rent, townhomes, and office-to-residential conversions, with individual loans typically ranging from $25 million to $100+ million. The successful candidate will be a primary contributor across the full deal lifecycle and must be comfortable operating across both analytical and operational workstreams. As this is an existing strategy within Man Group, the individual will have an opportunity to continue building an investment platform with the backing of a premier alternative investment management firm. As a member of the Man Group US Residential Debt team, this individual will also gain cross-platform exposure to the team’s other core investment strategies. Specific Responsibilities Underwriting & Investment Analysis * Underwrite potential loan originations, including detailed analysis of borrower/sponsor strength, business plan feasibility, capital structures, and exit strategies * Build and maintain detailed financial models incorporating cash flow analysis, draw schedule projections, sensitivity scenarios, and risk-adjusted return analysis * Prepare and present investment committee memoranda with clear articulation of deal thesis, key risks/mitigants, return profile, and relative value Sourcing & Origination Support * Assist in cultivating and maintaining relationships with borrowers, sponsors, brokers, co-lenders, attorneys, and other market participants * Participate in early-stage deal screening to identify and evaluate new investment opportunities consistent with the team's strategy * Contribute to market research and competitive landscape analysis to support sourcing and pricing decisions * Prepare and maintain weekly pipeline materials Due Diligence & Execution * Lead and coordinate due diligence workstreams including sponsor/borrower assessment, property-level collateral analysis, market analysis, and review of third-party reports * Assist in structuring and closing of investments, including term sheet preparation, legal documentation review, and commercial negotiation Asset Management * Develop a deep understanding of the exposures and associated risks across a portfolio of existing loans * Review and obtain approval for construction draw requests, coordinating with borrowers, third parties, and internal teams * Proactively monitor loan-level performance, including covenant compliance, business plan milestones, cash flow updates, valuation model updates, and monthly asset financial reporting * Identify and mitigate signs of credit deterioration and contribute to loss mitigation efforts where necessary Cross-Platform Collaboration In addition to the role’s primary focus, the candidate will be expected to work across the broader Residential Debt team, contributing to the other core investment strategies as needed: Lender Finance * Support underwriting and monitoring of lender finance facilities, including review of borrower/originator profiles, collateral eligibility criteria, and covenant compliance * Assist with borrowing base calculations, funding requests, and ongoing facility administration in coordination with counterparties and internal operations teams RTL Whole Loan Purchasing * Contribute to RTL underwriting workstreams, including collateral tape review, borrower and property-level analysis, and pricing support * Assist in evaluating credit performance across the RTL portfolio to inform ongoing acquisition and pricing decisions Capital Raising & Investor Relations * Support the team's capital raising efforts by helping prepare marketing materials, coordinate due diligence, and respond to investor requests and questionnaires * Assist in compiling and analyzing portfolio performance data for ongoing investor reporting and ad hoc investor inquiries * Develop a working familiarity with the team's fund structures and investor base to support relationship management effort Key Competencies * Bachelor's degree required, preferably in finance, real estate, economics, or a related field * 1 - 4 years of relevant experience in commercial real estate debt, preferably with direct exposure to transitional or construction lending on residential assets * Advanced proficiency in complex financial modeling and Microsoft Office (Excel, PowerPoint, and Word) * Experience with commercial real estate underwriting and valuation is strongly preferred; familiarity with residential whole loans (RTL, DSCR) or lender finance is a plus * Proficiency with Python is a plus * Strong written and verbal communication skills; ability to distill complex investment theses into clear, concise IC materials * Detail-oriented and organized, with the ability to manage multiple workstreams simultaneously in a fast-paced environment * Self-motivated, intellectually curious, collaborative, and comfortable working in a growing platform with a flat team structure The anticipated based salary range for this position is listed below. Compensation packages would also include benefits and a discretionary bonus. This is the base salary range that the Company believes it will pay for this position at the time of this posting based on the location and requirements of the position as well as the skills, qualifications, and experience of the applicant.  The Firm reserves the right to modify this pay range at any time. US Pay Range $125,000—$150,000 USD Inclusion, Work-Life Balance and Benefits at Man Group You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. Learn more at www.man.com/diversity. You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering. Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance. Equal Employment Opportunity Policy Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws. Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact TalentAcquisition@man.com.

Man Group

About Man Group Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent. Headquartered in London, we manage $228.7 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com At Man Group, we respect your privacy and we are committed to protecting and safeguarding your Personal Data. We have developed policies and processes which are designed to provide for the security and integrity of your Personal Data. We are committed to Processing your Personal Data fairly and lawfully, and being open and transparent about such Processing. For further information on how we process your data, please see the privacy notice for applicants here * As at 31 March 2026   Position Responsibilities We are seeking an Analyst to join our Portfolio Management group for a rapidly growing private credit asset manager. This individual’s main focus will be monitoring the performance of 15-20 portfolio companies and assisting deal-teams on assigned investments. Additional responsibilities include ensuring the accuracy and completeness of financial data maintained on an internal platform, the ongoing identification and analysis of portfolio risk trends, completing quarterly portfolio account and valuation updates, liaising with credit rating agencies to establish and maintain credit ratings, and facilitating investor reporting workflows. This position will have the opportunity to work closely with other areas of our business (Underwriting, Capital Markets, Business Development, Investor Relations, Operations) and service providers for specific tasks that arise such as fundraising, preparation of materials for Board of Directors meetings, etc. Candidate Requirements Qualifications & Experience: * Qualified candidates must have a finance or accounting background with strong financial statement analysis skills. * Highly self-motivated, with the ability to manage multiple tasks concurrently. * Experience with valuation methods (discounted cash flow modeling and debt pricing), credit rating processes and procedures, as well as data aggregation and reporting are a plus. * Experience in private credit or private equity and direct lending strategy a plus. * Collaborative work style across functions with high energy, enthusiasm and drive. * Strong communication skills with the ability to clearly articulate views verbally and in writing, fostering confidence when sharing/presenting informa * Proven ability to deliver consistent, reliable and timely execution in a time-sensitive role. * Fluent in Excel and Power * Experience using iLevel a plus * Finance or accounting designation such as CFA or CPA a plus. * Understanding SQL, Power BI and Python a plus. The anticipated based salary range for this position is listed below. Compensation packages would also include benefits and a discretionary bonus. This is the base salary range that the Company believes it will pay for this position at the time of this posting based on the location and requirements of the position as well as the skills, qualifications, and experience of the applicant.  The Firm reserves the right to modify this pay range at any time. US Pay Range $100,000—$110,000 USD Inclusion, Work-Life Balance and Benefits at Man Group You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. Learn more at www.man.com/diversity. You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering. Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance. Equal Employment Opportunity Policy Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws. Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact TalentAcquisition@man.com.

Heritage Holdings

WHO WE ARE Heritage is building the Modern Investment Office, supporting some of the most prominent families globally to achieve their capital enhancement and preservation goals. Our vision is to help clients build enduring wealth across generations by combining institutional-grade investment sourcing with personalized portfolio construction, cutting-edge technology, and deep sector expertise. We aim to make sophisticated private market opportunities and modern wealth solutions more transparent, connected, and actionable. Our team comprises of a diverse international group of individuals from leading organisations and with diverse backgrounds, including private equity, venture capital, banking, software development, law, and entrepreneurship. We are committed to attracting top-notch talent and providing opportunities for growth and development based on their individual strengths and interests. YOUR ROLE AS BUSINESS ANALYST/ASSOCIATE We are looking for a Business Analyst/Associate (depending on seniority) to join our team. This role will play a key part in supporting the start-up of our Paris office, a new and growing hub within our global organization. The successful candidate will be instrumental in driving and implementing the integration of the Paris office with our central Technology, Operations, and Investing teams, currently based across Milan and London. The role will directly contribute and have an impact to the launch of the new office, working in close collaboration with international teams and playing a central role in establishing efficient processes, data flows, and cross-office collaboration. CORE RESPONSIBILITIES INCLUDE: Client and Portfolio Reporting * Prepare and deliver weekly, monthly, and quarterly consolidated reports for client portfolios, including performance, allocation, and risk analysis * Collect, validate, and consolidate data from multiple sources (custodians, fund administrators, life insurance platforms, internal systems) * Contribute to the development, improvement and enhancement of automated reporting tools, automation initiatives and dashboards in collaboration with the Tech team * Contribute to the collection and preparation of data for monthly and quarterly consolidated family reports Portfolio Operations and Reconciliation * Perform daily trade and position reconciliations and weekly NAV reconciliations for internally managed funds * Support portfolio risk and performance reporting processes * Investigate and resolve reconciliation breaks with custodian banks and administrators  Coordination and Support * Support the Investment team in portfolio monitoring, trade execution follow-up, and ad-hoc data analysis. * Liaise with different stakeholders to ensure timely and accurate information exchange (custodian banks, life insurance companies, and fund administrators, etc.) * Assist with subscription and redemption requests, ensuring proper documentation and communication with all relevant parties * Maintain and update client profiles, including KYC, AML, and suitability documentation in accordance with regulatory requirements Key Requirements  * Outstanding academic background with master’s degree in Finance, Economics, or a related discipline * 1-3 years of experience in a FinTech/technology-based environment or multi-family office, private bank, asset manager, fund administrator * Knowledge of financial instruments and investment operations acquired through academic studies * Experience with portfolio management or fund accounting systems is a plus * Tech-savvy with a strong interest in exploring new technologies * Tools specific to wealth management reporting is considered a plus * Familiarity with data automation tools (VBA, Power BI, or Python) is considered as a plus * Strong Excel skills * Highly motivated and proactive, with a hands-on attitude * Excellent organizational and analytical skills, with strong attention to detail * Effective communicator with a collaborative and multicultural mindset * Ability to manage multiple priorities and deadlines in a dynamic environment * Fluent in English and French At Heritage, we are proud to have a diverse team representing over 15 nationalities, with all communication conducted in English. We are deeply committed to providing equal opportunities and work actively to remove potential biases in our hiring process by involving a Hiring Committee in all decision-making. By applying to this job offer, you confirm that you have read and understood Heritage's privacy policy: http://bit.ly/privacypolicy121.